Lakeway, NY -- (SBWIRE) -- 03/11/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Goodrich Petroleum Corporation (NYSE:GDP) shares increased 1.80% and closed at $14.68. The company, on Feb. 20, announced financial and operating results for the year and fourth quarter ended December 31, 2012. The Company announced a net loss of $77.2 million for the quarter, or ($2.12) per basic share, versus a net loss applicable to common stock of $23.8 million, or ($0.66) per basic share in the prior year period.
On Feb. 18, the board of directors of GDP has declared a quarterly cash dividend of $0.6719 per share on its 5.375% Series B Cumulative Convertible Preferred Stock. The dividend will be paid on March 15, 2013 to stockholders of record as of March 1, 2013.
Get Latest News, Updates on GDP Here
Ross Stores, Inc. (NASDAQ:ROST) stock gained 1.76% to $56.20. The company, on Mar. 7, reported that sales increased 3% to $726 million for the four weeks ended March 2, 2013, up from $707 million for the four weeks ended March 3, 2012. Comparable store sales for the four weeks ended March 2, 2013 declined 1% versus the same period last year. This compared to a strong 9% gain for the four weeks ended February 25, 2012.
Additionally, Piper Jaffray on Mar. 7 reported that it has lowered its price target on discount retailer, Ross Stores. The firm has maintained an “Overweight” rating on ROST, and has reduced the company’s price target from $86 to $71.
Is ROST a Strong Buying Opportunity After The Recent Gain? Find out Here
McEwen Mining Inc(NYSE:MUX) shares jumped 3.94% and closed at $2.64. The company’s Chief Owner, Rob McEwen, along with senior management, will be hosting a conference call Monday, March 11, 2013 at 2:00 PM EST to provide the fourth quarter and full-year Company update.
Additionally, the company, on Feb. 12, announced that operations at its 49% owned San José mine (in Santa Cruz Province), Argentina were halted on Monday, February 4, 2013 due to seventy-six employees contracting gastroenteritis.There have been no further cases reported and all employees have recovered in full.
Is MUX Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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